Rize Massachusetts Foundation Inc
- Assets
- $9.9m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/2019
- Data as of
- 12/2021
- EIN
- 83-0989395
Organization Overview
Rize Massachusetts Foundation Inc is located in Boston, MA. The organization was established in 2019. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rize Massachusetts Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Rize Massachusetts Foundation Inc has awarded 130 individual grants totaling $8,088,395. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RIZE MASSACHUSETTS MAKES GRANTS IN INNOVATIVE AND COMPREHENSIVE EVIDENCE-BASED TREATMENTS THAT CAN BE SCALED, EXPEDITED, AND MADE ACCESSIBLE TO PEOPLE SUFFERING FROM OPIOD USE DISORDER ACROSS THE COMMONWEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MISSION PROGRAM - THIS PROGRAM IS ALL ENCOMPASSING DELIVERING COMPREHENSIVE, COMPASSIONATE, AND SUSTAINABLE APPROACHES TO PREVENTION, HARM REDUCTION, TREATMENT, AND RECOVERY; DELIVERING DATA, COMMISSIONED RESEARCH, AND EVALUATION TO EXPAND THE EVIDENCE BASE AND INFORM POLICY; AND DELIVERING EFFORTS TO REDUCE THE IMPACT OF OPIOID USE DISORDER (OUD) ON THE ECONOMY, FAMILIES, AND COMMUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Pollock Chair | OfficerTrustee | 1 | $0 |
Joy Rosen Director | OfficerTrustee | 1 | $0 |
Julie Burns President & CEO | Officer | 40 | $0 |
David Barash Director | Trustee | 1 | $0 |
Andrew Dreyfus Director | Trustee | 1 | $0 |
Jack Connors Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,998,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,501,837 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,500,445 |
| Total Program Service Revenue | $0 |
| Investment income | $118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,500,563 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,813,812 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $1,149,538 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $57,750 |
| Fees for services: Lobbying | $40,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,514 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $968 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,563 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,891 |
| All other expenses | $0 |
| Total functional expenses | $3,116,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,413,628 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,516,762 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,930,390 |
| Accounts payable and accrued expenses | $344,844 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $344,844 |
| Net assets without donor restrictions | $6,693,882 |
| Net assets with donor restrictions | $2,891,664 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,930,390 |
Grants Awarded
Over the last fiscal year, Rize Massachusetts Foundation Inc has awarded $1,736,987 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: BEHAVIORAL HEALTH PARTNERSHIP EXPANSION | $250,000 |
BOSTON PUBLIC HEALTH COMMISSION PURPOSE: INNOVATIONS IN ANTI-RACISM, AND INSIGHTS & SOLUTIONS | $206,350 |
Boston, MA PURPOSE: HARM REDUCTION TRAINING SCHOLARS PROGRAM | $147,224 |
Chestnut Hill, MA PURPOSE: HARM REDUCTION TRAINING SCHOLARS PROGRAM | $127,358 |
Boston, MA PURPOSE: INNOVATIONS IN ANTI-RACISM | $125,000 |
Bridgewater, MA PURPOSE: HARM REDUCTION TRAINING SCHOLARS PROGRAM | $118,802 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Rize Massachusetts Foundation Inc has recieved totaling $785,345.
| Awarding Organization | Amount |
|---|---|
Catalyst Institute Inc Boston, MA PURPOSE: This proposal is to support RIZE Massachusetts Foundation to integrate oral health into its programming and grantmaking strategy in order to end the opioid epidemic in Massachusetts and reduce its impact on people, communities, and the economy. | $333,333 |
1199seiu United Healthcare Workers East New York, NY PURPOSE: Solidarity contribution | $300,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $125,000 |
Linde Family Foundation Boston, MA PURPOSE: OPERATING SUPPORT | $25,000 |
Ajana Foundation Tr Boston, MA PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Goodwin College Educational Services Inc East Hartford, CT | $19,577 | $10,789,035 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |